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Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

CoinDesk· Shaurya Malwa· Oct 7, 2026 · 4:31 AM
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week

The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.

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